REMITTANCES, INSTITUTIONS AND FINANCIAL INCLUSION: NEW EVIDENCE OF NON-LINEARITY
GLOBAL ECONOMY JOURNAL, cilt.20, sa.1, 2020 (ESCI, Scopus)
- Yayın Türü: Makale / Tam Makale
- Cilt numarası: 20 Sayı: 1
- Basım Tarihi: 2020
- Doi Numarası: 10.1142/s2194565920500025
- Dergi Adı: GLOBAL ECONOMY JOURNAL
- Derginin Tarandığı İndeksler: Emerging Sources Citation Index (ESCI), Scopus, IBZ Online, EconLit, Sociological abstracts
- Süleyman Demirel Üniversitesi Adresli: Hayır
Özet
This paper investigates the effect of remittance inflows on financial inclusion. Using data from high remittance-receiving developing countries and applying dynamic panel data methods, we find that remittance inflow has a negative impact on financial inclusion for countries with low level of remittances. However, this relationship is positive for countries with high level of remittances. Our study found that there exists a nonlinear relationship between remittances and financial inclusion. We also show that the effect of remittances on the financial inclusion is conditional upon people's perception about institutions.